Tuesday, February 24, 2009

North Carolina Woman Sentenced In $269K Embezzlement Case

Melody A. Owens, 40, of Fuquay-Varina, North Carolina, was sentenced to 27 months in prison, plus restitution for embezzling $269,447 from her former employer, BB&T, an insurance & financial services company based in Winston-Salem. Owens, who worked for the company for 12 years, began stealing money from the cash box in 1999, according to prosecutors. She covered up her thefts by creating false "cash out" tickets which she signed as an authorized bank official. Owens pleaded guilty to the embezzlement last October, admitting to more than 200 fraudulent transactions and 400 false documents.

Read the story here and here.

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